Sellers’ Advice: 4 Budget Home Projects for Higher ROI

Selling a home is not an easy task and your sellers are probably feeling overwhelmed with the entire process. If the process was easy, home sellers would sell their houses as soon as they put them on the market and competition of other properties, would never be an issue. Thankfully, there are many things sellers can do to attract as many homebuyers as possible. If your sellers are stuck in a rut, advise them to try these home renovations that offer value for money. They are simple but will update their home and may bring in a higher return on investment (ROI) than they could of imagined.

Sellers’ Advice: 4 Budget Home Projects for Higher ROI

1. Revive Interior Walls with Paint

The importance of paint cannot be overstated. Paint is inexpensive and can change the look and feel of a space in an instant. It is one of the most hardworking home products and adds a lot of value. Paint color is a homeowner’s most powerful tool in transforming a home. Whether your sellers want to add a little color or a lot, tell them to embrace paint. It is worth noting that walls take up the most space in a home and if they have the right paint color, buyers will take notice. Advise sellers to use neutrals and pastels as they make homes more appealing.

2. Try Low-Cost Exterior Updates

Buyers judge a home based on the exterior. If it is stunning, they will think the interior is no different; if it is dull and dreary, they will think the interior couldn’t be much better. Therefore, the first place home sellers should focus on is the exterior. They can plant bright plants to add curb appeal and incorporate potted plants to their patios. They can paint their front doors, replace mailboxes, and enhance paths and walkways. When buying plants, homeowners should choose drought-tolerant ones which need less water and maintenance.

3. Focus on Kitchen Updating & Upgrades

It has been said time and again that the kitchen is the heart of the home. This is true in every sense. The kitchen is the number one on the priority list of buyers looking for a new home. The kitchen is where families gather to eat, to spend quality time together, and to create memories that last a lifetime. Prospective homebuyers usually make a beeline for the kitchen when viewing a home for sale. If it looks clean and reasonably updated, they will want to make the home theirs. With a little money, sellers can update old lighting fixtures, reface cabinets, and replace faucet sets. Kitchen updates are among the best home renovations and add value without costing too much. Kitchens also uphold their value over years into the future better than any other ROI project.

4. Bring More Storage Space into your Home

If there is one thing buyers love, it is storage. Unfortunately, not all houses have ample storage. The good news is that homeowners can increase their storage. They can add laminate and wire closet systems to their pantries, bedrooms, and entry closets. Many closets can be restructured in a weekend and DIY enthusiasts can undertake the project themselves. Closets add function and make a house look more customized when the time comes to sell.

These home renovations add value at little to no cost. They are ideal for homeowners who want to attract more potential buyers and sell their homes fast. The best thing part about these renovations is the budget is up to your sellers. If their home is old and is need of updating they may consider a major renovation. While sellers who just need a fresh coat of paint will spend considerably less. Ensuring your sellers have a house that is competitive with other properties and that oozes buyer appeal is the most important factor when selling a home. Lend this advice to your sellers!

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